Data Security – Compliance Penalties
The good news – data is more portable than ever.
The bad news – you better have a firm grip on where that data is because the penalties for non-compliance are just too great. Not to mention the PR nightmare it would cause your organization…
Failure to comply with data security regulations has become significantly more costly in recent years. Your company and it’s top management can face severe fines, if not worse. You simply can’t afford a miss when it comes to your corporate data security.
The Cost of Non-Compliance, is it Worth the Risk?
| Sarbanes-Oxley | Gramm Leach Bliley | HIPPA | FISMA | FACT Act | |
|---|---|---|---|---|---|
| Directors & Officers per violation | $1M | $10k | Termination | ||
| Institution per violation | $5M | $100k | $50-250k | Agency Budget Reduction | $11k |
| Prison Term | 20 years | 5-12 years | 1-10 years | ||
| Civil Fines Individual | $1M | $25k | Civil Action | ||
| Civil Fines Institution | 1% of assets | Varies | |||
| Additional Penalties | Termination of FDIC Insurance Cease & Desist Operations | Congressional Review |
We Can Help
Whether you’re dealing with tapes, disk, or both we can handle all of your data sanitization or data destruction worries to ensure compliance. We offer a full range of services both on-site and off-site.
Dealing with multiple facilities? No problem – just let is know what you’re dealing with and we’ll take care of the rest.
Contact us today to let us take this off of your to-do list. Send an email or call us at 800-899-4979.